On March 11, 2021, the American Rescue Plan was signed into law. This bill includes direct financial assistance to local governments that have faced revenue losses and added safety expenses in dealing with the COVID-19 pandemic. The bill includes over $1.3 billion for cities and towns in North Carolina. High Point is projected to receive a total of $22,699,511 paid out in two installments over the next 12 months in ARPA funds.
The funds may be spent in a variety of ways to reduce the impact of the pandemic, including assisting households, small businesses and nonprofits; offsetting City revenue losses caused by the pandemic; aiding impacted industries, such as tourism, travel and hospitality; or making necessary investments in water, sewer or broadband infrastructure. They cannot be spent on a tax rate reduction or to delay a tax increase.
The City of High Point hosted a joint public input meeting with Guilford County regarding the use of ARPA funds on Oct. 25, 2021. We also had two community listening sessions that took place on November 16 & 18.
The $5,862,085 allocated to police services freed up funds to cover critical initiatives that were deferred as part of the FY 2021-22 budget. The full list of approved projects can be found here: Critical Items Deferred During FY 2021-22 Budget
On April 18, 2022, the City Council received an update on American Rescue Plan funding, including funds committed to date, projects that Council has expressed an interest and outside requests that have been received. American Rescue Plan Committed and Requestedas of 4.18.22 High Point ARPA Funding update - 4.18.22
On May 2, 2022, the City Council appropriated $3,000,000 in American Rescue Plan funding for government services. This action freed up $3,000,000 to be utilized for the purchase of property at 300 A Oak and 311 W. Russell Avenue for the development of a small-scale manufacturing facility.